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Life Insurance

Macquarie launches new life group

20 February 2012

Macquarie Group has launched a new life insurance adviser group called Risk Advice Specialists and has already recruited six advisers that were with Patronus Risk Specialists…

Good first half for CommInsure

20 February 2012

CommInsure has reported an 8% increase in average inforce premiums to $2.1 billion for the half-year to December 31…

Flexible approach to TPD by Zurich

20 February 2012

Zurich Financial Services has introduced a more flexible structure for holding total and permanent disability insurance inside and outside superannuation…

Tough quarter for bank insurers

20 February 2012

Both Westpac and ANZ have reported difficult conditions for their insurance businesses during the three months ending December 31…

Call for tailored approach to group insurance

13 February 2012

Superannuation funds will have to look at tailoring their life insurance offering rather than using a “one size fits all” approach, according to Rice Warner director Richard Weatherhead…

Life advisers happy with their future

13 February 2012

Life insurance advisers are “moderately positive” about their prospects in 2012, according to a new survey commissioned by Zurich Life Australia…

Life and health save Tower’s profitability

13 February 2012

The life and health insurance business at Tower NZ helped the insurer weather the costs of the Christchurch earthquake, MD Rob Flannagan told the company’s AGM last week…

Social media the key for future insurance sales

13 February 2012

Life insurers will have to engage with people through popular social media sites if they want to deal with underinsurance, says Commonwealth Bank Chief Marketing Officer Andy Lark…

SMSF life insurance numbers keep falling

06 February 2012

The older membership of self-managed superannuation funds is one of the reasons for declining life insurance in the sector, according to the latest Australian Tax Office data…

AFA hopes Government is listening to FOFA criticism

06 February 2012

The Association of Financial Advisers hopes the Federal Government will look at the evidence given to the Parliamentary Joint Committee hearings on the Future of Financial Advice bills to improve them…

Life insurers increase assets

30 January 2012

Australian life insurers have lifted their total assets during the 12 months ending June 30 2011 to $235 billion, compared to $234 billion in the 12 months ending December 2010…

Life insurance sales continue to grow

30 January 2012

Life insurance sales have continued to grow, with both inforce annual premiums and new business recording strong results for the 12 months ending September…